£281,837
This estimated value is based upon the latest sale price for the house of £236,000 on 7 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £236,000 | 7 Aug 2020 |
| £260,000 | 30 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £236,000 results in an estimated price of approximately £281,837.
| 7 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £236,000 | £45,837 | £281,837 |
The Postcode Pricing Model uses changes in average sales price within the B92 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -10.467 % | £-24,702 | £211,297 |
| 3 Month Average | -3.677 % | £-8,678 | £227,321 |
| 6 Month Average | 5.306 % | £12,521 | £248,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £265,014 | £260,000 | 265 HOBS MOAT ROAD |
| 26 Jun 2023 | £256,076 | £254,000 | 25 HARVARD ROAD |
| 28 Apr 2023 | £318,366 | £316,000 | 24 MELTON AVENUE |
| 8 Mar 2023 | £281,522 | £280,000 | 281 HOBS MOAT ROAD |
| 24 Nov 2022 | £290,293 | £295,000 | 22 MELTON AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 25 Mar 2019. Using an estimated price of £281,837 means this house is valued at £3,131 per sq meter (£290 per sq foot).
The average size of a house on HOBS MOAT ROAD is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jeremy Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melton Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melton Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Melton Avenue |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Melton Avenue |